For several years now the UK has been Europes dominant economy, while Germany, the largest economy on the continent, has been punching well below its weight. Everyone has been waiting for Germany to sort itself out, and according to the buzz at Euromoneys recent Germany conference in Berlin, it has.
Although there was the inevitable handful of sceptics, the overriding sense that Germanys recent strength is sustainable was apparent. One speaker was even of the opinion that indicators understate Germanys true strength. The competitiveness of German companies has been...